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NRW.TV to close TV channel

May 10, 2016 19.55 Europe/London By Jörn Krieger

NRW TVThe insolvency administrator of NRW.TV, solicitor Dirk Andres, has closed the business of the German regional broadcaster.

The 15 employees have already been informed about the move at a staff meeting, law firm AndresPartner said in a statement, adding that the move was necessary as no buyer had been found for the insolvent company despite several interested parties.

“We can’t continue NRW.TV without an investor with a sound concept,” said Andres. The only option left had therefore been the termination of the operations. All employees have been released from work.

NRW.TV filed an application for the opening of insolvency proceedings in March 2016.

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Filed Under: Newsline, Regulation, TV Tagged With: closing, insolvency, NRW.TV Edited: 11 May 2016 23:14

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About Jörn Krieger

Jörn reports on the latest developments in Germany, Austria and Switzerland. Since 1992, he has been working as a freelance journalist, specialised in digital media, broadcast technology, convergence and new markets. He also takes up University lectureships, writes articles in specialist publications, and produces radio reports. Jörn is also a moderator of panel discussions at industry events such as ANGA COM, Medientage München and IFA Berlin.

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